4221 Wendy AveBakersfieldCA93306
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Bakersfield at 4221 Wendy Ave, Bakersfield, CA, 93306 priced at $342,500 pairs $2,938/mo rent with $725/mo cash flow after a $1,676/mo payment. Total monthly income equals $2,938/mo, and annual cash flow comes to $8,695/yr on $113,539 invested. Return on cash invested is 27.57% in year one, and rental yield stands at 10.29% on a $342,500 basis. Equity gained on principal adds $2,210/yr, and 5% annual appreciation accumulates to $94,626 by year five. Five-year ROI measures 144.27% and total cumulative return in cash reaches $163,799. For financing, Ziffy Mortgage’s DSCR program evaluates $2,938/mo property income against a $1,676/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 93306, Bakersfield, CA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,867 (100%) |
| Owner Occupied HU | 15,342 (61.7%) |
| Renter Occupied HU | 8,578 (34.5%) |
| Vacant Housing Units | 947 ( 3.8%) |
| Median Home Value | $344,569 |
| Average Home Value | $371,081 |
Housing Distribution
Address Breakdown
Residential
24,156
Single Family
23,191
Multi-Family
965
Businesses
582
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Nearby investment properties with comparable prices
Listed by: Katherine Beeson • Berkshire Hathaway Homeservice
Mls Name: Bakersfield AOR
Mls Provider:
Mls ID: #202500115
Disclaimer: Information is deemed reliable but not guaranteed. Copyright Golden Empire MLS, Inc. 2024.